Business description: Progressive Corporation

Progressive Corporation is an insurance group organized around 3 areas of activities:

- automobile insurance for individuals (83.5% of net written premiums). Net written premiums break down by distribution network between Internet and phone (57.1%) and agencies (42.9%);

- cars and trucks insurance of companies (12.8%);

- property insurance (3.7%).

All net written premiums are earned in the United States.

Number of employees: 70,053

Sales by Activity: Progressive Corporation

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Personal Lines Incl. Property

- - - 6.1TCr 7.18TCr

Property

204.25Cr 227Cr 255.14Cr - -

Personal Lines - Direct

1.85TCr 2.01TCr 2.5TCr - -

Commercial Lines

694.52Cr 908.83Cr 989.87Cr 1.09TCr 1.1TCr

Other

77L 27L 10L 10L 20L

Unallocated Investment Income

237.01Cr -65Cr 224.49Cr 283.2Cr 358.3Cr

Unallocated Total Net Realized Gains (losses) On Securities

- - - 26Cr 73Cr

Unallocated Fees and Other Revenues

69Cr 72Cr 89Cr - -

Service Businesses

27Cr 30Cr 31Cr 41Cr 50Cr

Personal Lines - Agency

1.69TCr 1.77TCr 2.12TCr - -

Geographical breakdown of sales: Progressive Corporation

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

4.77TCr 4.96TCr 6.21TCr 7.53TCr 8.76TCr

Executive Committee: Progressive Corporation

Manager TitleAgeSince
Chief Executive Officer 61 01/07/2016
Director of Finance/CFO 47 04/07/2026
Chief Investment Officer 48 03/01/2020
Chief Tech/Sci/R&D Officer 56 29/01/2016
Investor Relations Contact - -

Composition of the Board of Directors: Progressive Corporation

Director TitleAgeSince
Director/Board Member 61 01/07/2016
Director/Board Member 77 01/10/1996
Director/Board Member 73 01/06/2008
Chairman 72 14/05/2018
Director/Board Member 63 11/12/2009
Director/Board Member 72 01/01/2000
Director/Board Member 70 10/10/2014
Director/Board Member 71 04/08/2017
Director/Board Member 54 01/01/2018
Director/Board Member 52 09/11/2020

Shareholders: Progressive Corporation

NameStocks%Valuation
BlackRock Advisors LLC
6.688 %
3,90,82,258 6.688 % 8 538 M $
Vanguard Capital Management LLC
6.52 %
3,80,98,359 6.52 % 8 323 M $
4.427 %
2,58,70,710 4.427 % 5 651 M $
Capital Research & Management Co. (Global Investors)
3.863 %
2,25,74,142 3.863 % 4 931 M $
Geode Capital Management LLC
2.782 %
1,62,56,844 2.782 % 3 551 M $
NameStocks%Valuation
XP Allocation Asset Management Ltda.
0.00009 %
1,054 0.00009 % 116 475 $

Company details: Progressive Corporation

Progressive Corp.

300 North Commons Boulevard

44143-9998, Mayfield Village

+440 461 5000

http://www.progressive.com
address Progressive Corporation(PGR)

Group companies: Progressive Corporation

NameCategory and Sector
Investment Managers
Property/Casualty Insurance
Progressive Investment Co., Inc.

Insurance - Automobile

Change 5-day change 1-year change 3-year change Capi.($)
+3.26%+2.83%-14.50%+73.07% 12TCr
+0.07%+6.14%-7.56%+70.63% 4.27TCr
+0.79%-1.64%+7.36%+56.20% 1.46TCr
+0.32%0.00%-1.40%+13.89% 1.41TCr
+1.73%+0.97%+54.03%+249.33% 594.21Cr
-0.61%-8.47%-8.27%+29.91% 357.94Cr
+0.66%-0.22%+33.68%+34.87% 137.39Cr
+0.79%-3.91%+7.44%+31.25% 118.91Cr
+0.38%+0.57%+4.92%+66.04% 25Cr
+0.07%+1.47%+17.00%-13.48% 16Cr
Average +0.75%-0.56%+9.27%+61.17% 2.08TCr
Weighted average by Cap. +2.09%+1.35%-8.10%+71.10%
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
25
Last Close Price
213.83USD
Average target price
232.67USD
Spread / Average Target
+8.81%

Quarterly revenue - Rate of surprise

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